2025-11-17T20:47:44-06:00 2024-12-31 331374517 PKF O'CONNOR DAVIES ADVISORY LLC 245 PARK AVENUE 12TH FLOOR NEW YORK NY 10167 990 2024-01-01 474407203 THE JAIN FAMILY INSTITUTE JAIN 9174883995 568 BROADWAY 601 NEW YORK NY 10012 MICHAEL STYNES CEO & DIRECTOR 9174883995 2025-11-14 1 1 EVA MRUK P00543254 2122862600 2025-11-14 2024 2025-03-06 01:10:19Z MICHAEL STYNES 568 BROADWAY 601 NEW YORK NY 10012 5395930 0 X WWW.JAINFAMILYINSTITUTE.ORG X 2015 DE TO ADDRESS PRESSING SOCIAL PROBLEMS THROUGH HIGH-IMPACT POLICY INTERVENTIONS. 3 2 34 2 0 0 5312505 5014715 513329 305587 19578 7401 2012 2715 5847424 5330418 153935 17500 0 0 3292927 3286017 0 6000 393882 2288412 2064540 5735274 5374057 112150 -43639 1042629 764346 782316 532525 260313 231821 X THE JAIN FAMILY INSTITUTE (JFI) IS AN APPLIED RESEARCH ORGANIZATION WHOSE MISSION IS TO APPLY THE INSTRUMENTS AND FRAMEWORKS OF FINANCE TO ISSUES OF GLOBAL POLICY CONCERN. WORKING TO UNDERSTAND AND COORDINATE INTERNATIONAL CHANNELS OF STATE AND PRIVATE RESOURCES, JFI APPLIES ITS DATA, MODELING, AND SIMULATION TOOLS TO THE BIGGEST CHALLENGES OF OUR TIME. 0 0 919663 PHENOMENAL WORLD, A FREELY AVAILABLE, TRILINGUAL PUBLICATION DEVOTED TO RIGOROUS AND INNOVATIVE WRITING ON ECONOMICS, HISTORY, FINANCE, POLICY, AND POLITICS. 857048 FINANCING THE ENERGY TRANSITION (FETI), A RESEARCH INITIATIVE SUPPORTING GOVERNMENTS AND INVESTORS AROUND THE GLOBE WITH THE TECHNICAL ASSISTANCE, MODELING, AND FINANCIAL STRUCTURING NEEDED FOR A JUST GREEN TRANSITION. 513749 SOCIAL WEALTH, AN INITIATIVE HELPING GOVERNMENTS STRUCTURE AND INVEST POOLS OF PUBLIC CAPITAL IN ORDER TO PRESERVE SHARED WEALTH WHILE CATALYZING INCLUSIVE AND SUSTAINABLE ECONOMIC GROWTH. 1902426 17500 305587 THE INSTITUTE'S FURTHER LEGACY PROGRAMS INCLUDE: GUARANTEED INCOME, HIGHER EDUCATION FINANCE, AI FOR THE PUBLIC GOOD & THE CENTER FOR ACTIVE STEWARDSHIP, FOCUSED ON THE RELATIONSHIP BETWEEN THE ASSET MANAGEMENT INDUSTRY AND PRIVATE SECTOR ACTION ON CLIMATE CHANGE. 1902426 17500 305587 4192886 1 1 0 0 0 0 0 0 0 0 1 0 1 1 1 1 1 0 0 0 1 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 0 1 29 0 34 1 0 1 BR 0 0 0 0 0 0 0 0 0 0 X 3 2 1 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 0 NY X X ALEXANDER JACOBS 9174883995 568 BROADWAY 601 NEW YORK NY 10012 ROBERT JAIN PRESIDENT/CHAIRMAN 4.00 X X 0 0 0 CAROLA JAIN DIRECTOR 1.00 X 0 0 0 MICHAEL B STYNES CEO & DIRECTOR 41.00 X X 213500 0 40893 ALEXANDER JACOBS CHIEF OPERATING OFFICER 40.00 X 165838 0 30421 JEROME HODGES CHIEF RESEARCH OFFICER 40.00 X 212672 0 40873 MOLLY DEKTAR EDITORIAL DIRECTOR 40.00 X 155115 0 58209 SIDHYA BALAKRISHNAN DIRECTOR OF RESEARCH THRU 11/2024 40.00 X 136171 0 21831 NOLAN LINDQUIST - EXECUTIVE DIR. CENTER FOR ACTIVE STEWARDSHIP 40.00 X 137989 0 24847 ROBERT GROSS EDITOR, PHENOMENAL WORLD 40.00 X 119344 0 16827 PAUL KATZ LEAD RESEARCHER 40.00 X 123744 0 25017 1264373 0 258918 9 0 1 0 NEW YORK UNIVERSITY 665 BROADWAY SUITE 801 NEW YORK NY 10012 RESEARCH SERVICES 179392 1 5014715 103162 5014715 ADVISORY FEE 541611 305587 305587 305587 3358 3358 69555 65512 4043 4043 4043 CREDIT CARD REWARDS 900099 2715 2715 2715 5330418 305587 0 10116 X 10000 10000 7500 7500 704197 363471 157601 183125 1937219 1668940 150342 117937 85891 76625 5615 3651 364389 300290 34174 29925 194321 151432 21856 21033 24169 24169 120147 120147 6000 6000 1006302 979989 19138 7175 7134 1450 5684 49806 11961 37845 342867 259490 83377 264782 158355 106427 86118 79677 6441 85633 62145 4893 18595 26973 5021 21952 18238 18238 PARTICIPANT INCENTIVES 32371 32371 5374057 4192886 787289 393882 311767 5370 91125 285537 1247 0 65979 55161 102994 100446 33492 2548 0 38572 82000 42992 31526 496027 263632 1042629 764346 259977 281199 32253 15000 490086 236326 782316 532525 X -569461 -791220 829774 1023041 260313 231821 1042629 764346 X -43639 1897 13250 X X 0 1 X 0 0 X 10601791 4840239 5131138 5312505 5014715 30900388 10601791 4840239 5131138 5312505 5014715 30900388 4284903 26615485 111 111 19578 3358 23158 4332 2012 2715 9059 30932605 1409594 0.86040 0.76340 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: CREDIT CARD REWARDS - 2022 AMOUNT: $ 3,096. 2023 AMOUNT: $ 2,012. 2024 AMOUNT: $ 2,715. OTHER INCOME - 2022 AMOUNT: $ 1,236. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 91722 89174 2548 11272 11272 0 2548 INVESTMENT IN JAIN FAMILY INSTITUTE BRASIL 82000 C 82000 RIGHT OF USE ASSET 207790 SECURITY DEPOSITS 55581 DUE FROM OTHERS 261 263632 RIGHT OF USE LIABILITIES 236326 236326 X 5402736 1897 74258 76155 5326581 3837 3837 5330418 5498689 137882 137882 5360807 13250 13250 5374057 PART X, LINE 2: THE INSTITUTE RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE INSTITUTE HAS NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE INSTITUTE IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR THE PERIODS PRIOR TO DECEMBER 31, 2021. PART XI, LINE 2D - OTHER ADJUSTMENTS: RELATED PARTY REVENUE 74,258. PART XI, LINE 4B - OTHER ADJUSTMENTS: ACCUMULATED OTHER COMPREHENSIVE INCOME 3,837. PART XII, LINE 2D - OTHER ADJUSTMENTS: RELATED PARTY EXPENSES 137,882. PART XII, LINE 4B - OTHER ADJUSTMENTS: WRITE-OFF OF PRIOR YEAR GRANT PAYABLE 13,250. SOUTH AMERICA 1 4 PROGRAM SERVICES RESEARCH SERVICES 424177 EUROPE 0 5 PROGRAM SERVICES RESEARCH SERVICES 200197 NORTH AMERICA 0 1 PROGRAM SERVICES RESEARCH SERVICES 58519 EAST ASIA AND THE PACIFIC 0 1 PROGRAM SERVICES RESEARCH SERVICES 64783 1 11 0 0 1 11 747676 0 747676 0 0 1 0 0 0 PART I, LINE 3: THE ORGANIZATION USES THE ACCRUAL METHOD TO ACCOUNT FOR EXPENDITURES. FORM 990, SCHEDULE F, PART IV, LINE 3: THE ORGANIZATION IS REQUIRED TO FILE FORM 5471 BECAUSE IT MEETS THE APPLICABLE THRESHOLD OWNERSHIP OR OTHER FILING REQUIREMENTS. 1 PEOPLE'S POLICY PROJECT 124 4TH STREET STAMFORD CT 06905 821655644 501(C)(3) 10000 0 PUBLIC POLICY RESEARCH 1 0 SCHOLARSHIPS 3 7500 PART I, LINE 2: GRANTMAKING REPRESENTS A SMALL PERCENTAGE OF THE ORGANIZATION'S FINANCIAL ACTIVITIES. THE GRANTS IT PROVIDES TO ORGANIZATIONS ARE GENERALLY UNRESTRICTED. THE ORGANIZATION TYPICALLY MAINTAINS A CLOSE RELATIONSHIP WITH SUCH GRANTEES COLLABORATING ON PROGRAMS, ATTENDING EVENTS OR ROUNDTABLES SUPPORTED BY THE GRANT FUNDING, AND SO ONBEFORE, DURING, AND AFTER THE FUNDS ARE PROVIDED. GRANTS TO INDIVIDUALS ARE MOST COMMONLY FELLOWSHIP AWARDS IN SUPPORT OF YOUNG SCHOLARS. IN THESE CASES, THE ORGANIZATION WORKS CLOSELY WITH NONPROFITS SPECIALIZING IN CAREER MENTORSHIP IN ORDER TO SELECT GRANTEES AMONG ITS MEMBERS. X X X X 0 0 0 0 0 0 0 0 0 MICHAEL B STYNES CEO & DIRECTOR 213500 0 0 0 0 0 13088 0 27805 0 254393 0 0 0 JEROME HODGES CHIEF RESEARCH OFFICER 212672 0 0 0 0 0 11661 0 29212 0 253545 0 0 0 MOLLY DEKTAR EDITORIAL DIRECTOR 155115 0 0 0 0 0 9214 0 48995 0 213324 0 0 0 ALEXANDER JACOBS CHIEF OPERATING OFFICER 165838 0 0 0 0 0 10366 0 20055 0 196259 0 0 0 NOLAN LINDQUIST - EXECUTIVE DIR. CENTER FOR ACTIVE STEWARDSHIP 137989 0 0 0 0 0 7975 0 16872 0 162836 0 0 0 SIDHYA BALAKRISHNAN DIRECTOR OF RESEARCH THRU 11/2024 136171 0 0 0 0 0 7391 0 14440 0 158002 0 0 0 X 1 103163 AVG. SELLING PRICE 0 0 0 0 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTORS IN PART I, COLUMN (B) OF SCHEDULE M. FORM 990, PART I, QUESTION 5, AND PART V, QUESTION 2A: THE ORGANIZATION CONTRACTED WITH A PROFESSIONAL EMPLOYER ORGANIZATION (PEO) FOR SERVICES, INCLUDING BUT NOT LIMITED TO, PAYROLL, TIMEKEEPING, EMPLOYEE BENEFITS, HR ADMINISTRATION AND WORKFORCE REGULATORY COMPLIANCE NEEDS. AS THE EMPLOYER OF RECORD FOR TAX PURPOSES, FORMS W-2 AND W-3 ARE ISSUED BY THE PEO AND FILED UNDER THE PEO'S FEDERAL EIN. IN THIS CO-EMPLOYMENT ARRANGEMENT, THE ORGANIZATION IS THE COMMON LAW EMPLOYER AND, ACCORDINGLY, COMPENSATION IS REPORTED ON FORM 990, PART VII, SECTION A AND PART IX, LINES 5-10. FORM 990, PART VI, SECTION A, LINE 2 CAROLA JAIN AND ROBERT JAIN HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION HAD NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE JAIN FAMILY INSTITUTE HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM. IT IS REVIEWED BY THE CHIEF OPERATING OFFICER AND A COMPLETE COPY IS PROVIDED ELECTRONICALLY TO THE ORGANIZATION'S BOARD OF DIRECTORS FOR THEIR REVIEW. THE BOARD OF DIRECTORS EITHER ACKNOWLEDGES THEIR APPROVAL VIA EMAIL OR CONVENES A BOARD MEETING TO SEEK CLARIFICATION OR CORRECTION. THE CHIEF OPERATING OFFICER REQUESTS ANY SUCH CORRECTIONS FROM THE OUTSIDE ACCOUNTING FIRM PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION MAINTAINS A CONFLICT OF INTEREST POLICY FOR EMPLOYEES, BOARD MEMBERS, COMMITTEE MEMBERS, AND KEY EMPLOYEES. COVERED INDIVIDUALS MUST ANNUALLY SIGN A STATEMENT CONFIRMING THEY HAVE READ THE POLICY AND MUST DISCLOSE ANY ROLES OR FINANCIAL INTERESTS HELD BY THEMSELVES OR THEIR FAMILY MEMBERS. THE SECRETARY REVIEWS DISCLOSURES AND REPORTS TO THE BOARD. WHEN A CONFLICT ARISES, THE INDIVIDUAL MUST DISCLOSE ALL MATERIAL FACTS, RECUSE THEMSELVES FROM DISCUSSION, AND ABSTAIN FROM VOTING. THE BOARD, USING COMPARABILITY DATA WHEN APPROPRIATE, DETERMINES IF THE TRANSACTION IS REASONABLE AND IN THE ORGANIZATION'S BEST INTEREST, AND DOCUMENTS THE PROCESS IN THE MINUTES. FORM 990, PART VI, SECTION B, LINE 15 IN 2022, THE ORGANIZATION COMMISSIONED A COMPENSATION STUDY FROM A HUMAN RESOURCES CONSULTING FIRM, WHO PRODUCED A SET OF RECOMMENDATIONS FROM THEIR ANALYSIS. THIS ANALYSIS COMPARED THE COMPENSATION OF A RANGE OF POSITIONS ACROSS THE ORGANIZATION AGAINST THOSE AT COMPARABLE NONPROFITS, BASED ON PUBLICLY-AVAILABLE 990 DATA AND PROPRIETARY DATA OWNED BY THE CONSULTING FIRM. THE ORGANIZATION'S BOARD OF DIRECTORS ANNUALLY APPROVES THE COMPENSATION OF OFFICERS AS PART OF THE ANNUAL BUDGET REVIEW. THE DELIBERATIONS AND DECISION ARE DOCUMENTED IN THE BOARD MINUTES. FORM 990, PART VI, SECTION B, LINE 15B EVERY YEAR, THE BOARD OF DIRECTORS REVIEWS AND APPROVES PAY FOR ALL EMPLOYEES AS PART OF THE BUDGET PROCESS. THEIR DECISIONS ARE RECORDED IN OFFICIAL BOARD MEETING NOTES. THIS ANALYSIS COMPARED THE COMPENSATION OF A RANGE OF POSITIONS ACROSS THE ORGANIZATION AGAINST THOSE AT COMPARABLE NONPROFITS, BASED ON PUBLICLY-AVAILABLE 990 DATA AND PROPRIETARY DATA OWNED BY THE CONSULTING FIRM. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE RETURN IS ALSO POSTED ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, THE FORM 1023, FINANCIAL STATEMENTS, ARTICLES OF INCORPORATION AND BY-LAWS ARE ALSO AVAILABLE UPON WRITTEN REQUEST. FORM 990, PART IX, LINE 11G EDITORS: PROGRAM SERVICE EXPENSES 204,570. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 204,570. PAYROLL SERVICES: PROGRAM SERVICE EXPENSES 51,662. MANAGEMENT AND GENERAL EXPENSES 7,455. FUNDRAISING EXPENSES 7,175. TOTAL EXPENSES 66,292. PROFESSIONAL HR SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 11,683. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 11,683. PROFESSIONAL WRITERS: PROGRAM SERVICE EXPENSES 34,598. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 34,598. PURCHASED SERVICES: PROGRAM SERVICE EXPENSES 37,261. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 37,261. RESEARCH SERVICES: PROGRAM SERVICE EXPENSES 651,898. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 651,898. FORM 990, PART XI, LINE 9: WRITE-OFF OF PRIOR YEAR GRANT PAYABLE 13,250. FORM 990, PART XII, LINE 2C THE ORGANIZATION'S BOARD OF DIRECTORS ASSUMES RESPONSIBILTY FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. THE FUND FOR GUARANTEED INCOME LLC 568 BROADWAY NEW YORK NY 10012 853050969 ADMINISTRATION OF THE COMPTON PLEDGE PROGRAM IN COMPTON, CALIFORNIA. 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